Each of those entitles the bearer to buy one company share for 14 months from the date of issue at C$1.60 a throw.

"We are pleased with shareholder support and with the positive outcome of this incentive program," said Dan Blondal, the CEO of Nano One.

"This strengthens our cash position, leverages non-dilutive government funding and demonstrates investor confidence in the execution of Nano One's business plans," he added.

The company has developed patented technology for the low-cost production of high performance lithium ion battery cathode materials, which are used in electric vehicles, energy storage and consumer electronics.

Market: TSX-V

Market Cap: $97.9 m

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Nano One (CVE:NNO) President and CEO Dan Blondal and Joe Lowry from Global Lithium sat down with Steve Darling from Proactive Investors Vancouver to talk about lithium. The pair discussed what makes for good battery grade lithium and also what supply and demand are doing around the...